Life Events — What If I Become Sick?
1 in 6 of us can be expected to have more than 6 months off work through serious illness or accident.
A total of 27,800 people were killed or seriously injured on Great Britain’s roads on weekdays during 2002. Among pedestrians and car users most casualties occur in the morning and evening ‘rush hours’, so you don’t need to drive for a living for it to happen to you.*
One in nine women will develop Breast Cancer at some point in their lives. Earlier detection and improved treatment has meant that survival rates have risen.* Income Protection Plans can provide invaluable financial support from the first day of incapacity *** through consultations, surgery, follow up treatment, convalescence and for any elective reconstructive surgery and further convalescence period.
Results of the latest Survey of Self Reported Work Related Illness indicate that in 2003/2004, 1,108,000 people in Great Britain suffered from a musculoskeletal disorder which, in their opinion, was caused or made worse by their current or past work.**
* Source – Office for National Statistics
** Source – Health & Safety Executive (HSE)
*** Cover can be selected from the first day of incapacity or from a range of deferred periods
Who will pay your bills once your employers sick pay runs out?
Income protection (IP) or PHI (permanent health insurance) designed to provide an income once your company sick pay runs out, or reduces. The benefits will continue until one of the following occurances:
You return to work
You return to part time or lower paid work, in which case a part benefit may be paid.
You reach the end of the contract term - normally retirement age
You die.
There are no limits on the number of times you can make a claim.
Further information ...
HOMEMAKER
If your main occupation is as a home maker and carer cover is still available. Afterall this is one of the most important jobs that anyone does.
CAREER BREAKS
Many policies provide cover during career breaks. Afterall anaccident or serious illness during a career break can seriously damage your chances of returning to the workplace and picking up where you left off.
Things you may need to know:
